tv CNN Newsroom CNN September 7, 2012 10:00am-12:00pm PDT
parties, it is a choice between two different paths for america. two fundamentally different visions for how we move forward. you see, ours is a fight for that basic bargain that built the largest middle class and the strongest economy this world has ever known, and the promise that hard wosrk will pay off and responsibilities will be reward and everyone gets a fair shot and everybody is doing their fair share and everybody is playing by the same rules from wall street to main street to washington, d.c. that basic bargain is why i ran for president, and that's why i'm running again. that's what this election is about.
that is what this e llection about. i mentioned last night i got my start in service, because i worked with folks who had been laid off from the steel plants that had closed when the jobs started getting shipped overseas. over the last ten years we have seen that happen more and more and too many families struggling with costs that keep rising, even when paychecks don't. so people are having to use their credit cards or home equity loans to make the mortgage or pay the tuition or put gas in the car or food on the table. that debt is why this house of cards collapsed in the great recession. millions of innocent americans losing their jobs and homes and folks losing their life savings, and we are fighting to recover from that. it is a long tough journey.
but our friends at the republican convention they talked a lot about what they thought was wrong with america. they didn't tell you what was right. they didn't tell you what they'd do to make it right. they want your vote, but they don't want to show you their plan. and that is because they know that their plan won't sell. that's because all they have to offer is the same prescriptions that they have had for the last 30 years. tax cuts, tax cuts, gut some regulations, oh, and more tax cuts. tax cuts when times are good. tax cuts when times are bad. tax cuts to help you lose a few extra pounds. tax cuts to improve your love life. it will cure anything according to them.
now, let me tell you something -- [ applause ] listen, i've cut taxes for people who need it. middle class families, small business owners and in 2008 i promised that i would cut the middle-class taxes for the typical family's tax burden at the tax level is $3600 less than when i took office, so i've kept that promise. i have kept that promise. we have cut taxes for small businesses 18 times. but i do not believe that another round of tax breaks for millionaires is what is going to bring good jobs back to the shores or pay down the deficit. i don't believe that firing teachers or kicking the students off of financial aid is going to grow the economy not when china is producing more engineers and
scientist scientists and we have to compete with them. after we were on the brink of financial meltdown, because of irresponsible decisions made on wall street, i don't believe that rolling back regulations there is somehow going to help small businesswomen or businessmen expand or laid off construction workers get back to work. we have been there. we have tried what they are selling, and it did not work then and it is not going to work now. we are not going back. we are moving forward and that is why all of you are here today. i'm not going to pretend that this path is quick ore easy. and by the way, i never have. as bill krintoclinton reminded
wednesday night, it will take years to solve challenges building up over decades, and we know that. today, we learned that after losing 800,000 jobs a month when i took office, business once again added jobs in forto 30th month in a row for a total of 4.6 million jobs. but that's not good enough. we know it is not good enough. we need to create more jobs faster. we need to fill the hole left by the recession faster, and we need to come out of the crisis stronger. than when we went in, and there is a lot more that we can do. you know, when congress gets back to town next week, you need to send them a message, go ahead h and give the middle class families and the small businesses the confidence of knowing that their taxes, your taxes will not go up next year. everybody agrees we should not raise taxes on the middle class, and so let's go ahead and get
that done, get it done now. and by the way, if the republicans are serious about being concerned about joblessness, we could create 1 million new jobs right now if congress would pass the jobs plan that i sent to them a year ago. jobs for teachers. jobs for construction workers. jobs for folks who have been looking for working for a long time. we can do that. but i need your help, new hampshire. i need your voices. you see -- >> we're with you, man! >> i appreciate that. then i need you to get your cow since and your friends and your co-workers. look, i am not just asking for your vote, but i am asking the entire country to rally around a set of goals for the country. goals in manufacturing, energy, education, national security and the deficit and these, this is a
real achievable plan that will lead to new jobs and more opportunity, and rebuild this economy on a stronger foundation. that's what we can do in the next four years. that is why i'm running as a second term as president to finish the job to keep moving forward to build up the progress that we have made. so let me be a little more specific, first, i have to plan to export more products and not outsource jobs. after a decade of decline, this country created over half a million manufacturing jobs in the last 2 1/2 years. we have reinvented a dying auto industry and now back on top of the world. and so americans can have a choice to give tax breaks to companies that ship jobs overseas or reward the companies
that are investing right here in new hampshire putting americans back to work selling products around the world. we can help big factories and small businesses double their exports. we can create a million new manufacturing jobs in the next four years. you can make it happen, but i will need your help. second, i have a plan to control more of our own energy. you know after 30 years of inaction, we finally raised fuel standards so that by the middle of next decade your cars and trucks will go twice as far on a gallon of gas. that will save you money. that will save you money. we have doubled the use of renewable energy. solar, wind, biofuels. and tense of thousands of americans have jobs today
because, because they are building wind turbines and long-lasting batteries. you know, the other side likes to talk about energy, but they don't mention that the united states of america is less dependent on foreign oil than at any time in nearly two decades. [ applause ] the other side wants the reverse that progress. i want to build on it. i'm not going to let the oil companies dictate the country's energy plan, and doi don't want them to keep collecting $4 billion corporate welfare from the taxpayers. we have a better path. we want to keep invest iing in wind and solar and clean coal technology. we want to see farmers and scientists harness new biofuels to power our cars and our
trucks. i want construction workers who are sitting at home right now, i want them building homes and factories that waste lez energy and retro fitting those that are already built to save energy. and we can develop 100-year supply of natural gas right beneath our feet. if we choose this path, we can cut oil imports in half by 2020. we can support 600,000 new jobs in natural gas developmental loan. -- development alone. third, let's do it. let's do it. we can do this. we can do this. third -- look, third, third -- i have got even mo. [ laughter ] i have a plan to give more american americans the chance to gain the
skills that they need to compete. you know, education i would not be standing here if i hadn't gotten a great education. michelle would not be where she is without the opportunities that were given, and as she told you on tuesday night, we didn't come from wealth or fame or power. but in this country, we have always made a commitment that if you have talent and willing to work hard, somebody is going to give you the opportunity to get a great education. and then you can go as far as your dreams can take you. it is the gateway to a middle-class life in the 21st s century. so, what have we already done? nearly every state has answered our call to raise standards for teaching and learning. some of the worst school s s ine country have already seen real gains in math and reading. millions of students are paying less for college today, because we took on a system where $60
billion was going to banks and lenders for the student loan program and we said cut out the middleman and give the money directly to the students so they get a better deal. so, so now you have a choice. we can gut our commitment to education like the other side's budget would end up doing. or, or we can decide here in america no child should give up her dreams because a classroom is overcrowded or a school is crumbling. no family should set aside that college acceptance letter, because they figure they cannot afford it. and no company should be looking for the workers they need overseas because they can't find them here at home. so, new hampshire, i need you to help me to recruit 100,000 math
and science teachers and improve early childhood education. and give 2 million worker es the ski -- workers the skills they need at community colleges and help the colleges and universities cut tuition growth in half in ten years, and we can meet these goals together. that is the america we want for our kids. forward. forward. i need four more years ayears, are going to move forward. fourth, fourth -- my plan would reduce our deficit without sticking it to the middle-class. now, the debt and the deficit are real medium and long-term problem problems, and we are going to have to address it. i want to get working. independent analysis shows that my plan would cut our deficit by $4 trillion, and that is with a
"t" and i have worked with the republicans in congress already to cut $1 trillion in spending, and i'm prepared to do more. i want to reform the tax code so that it is simple and fair and so it asks the wealthiest households in america to pay higher taxes on incomes over $250,000. so even well to do folks would keep their tax break up to $250,000, but after that, we want to go back to the rates when bill clinton was president, our economy created 23 million new jobs then, and we had the biggest surplus in history and created a whole loft millionaires. i want to go to mitt romney who is also holding a campaign event in orange city, iowa. let's listen in. >> people around the world, and if we restore those principles,
you will see the economy roaring back. with the strong economy, we can maintain the strongest military in the world. the economy depends on a strong america. i was in poland and met with lek wale le walesa, and he said, you must be tired from coming across the ocean, you sit down and i'll talk. he began to speak for 15 minutes and it boiled down to this. we need america's leadership. where is america's leadership? we must lead. there is no question of the personal freedom and dignity and principles that have formed america. those principles need to be spoken loud and clear and demonstrated on the world stage and i will do it again. now yesterday, yesterday, you had the chance if you wanted to, to watch the president of the
united states address the people of america in his acceptance speech, and i read that this morning, and you haven't perhaps gotten a chance to do that, but if you did, perhaps like me, you found it extraordinarily disappointing. surprisingly disappointing, because his speech four years ago he laid out a whole series of lofty goals, and unfortunately, he was unable to meet them. as a matter of fact, i can think of very few of the promises that he made four years ago that he has kept. he said he'd raise incomes for people, and in fact, they have gone down by $5,000 a family. he said he'd create more new businesses, and people who wanted to start a business would be encourage d to do so, be but in fact, we are at a 30-year low in new business start-ups. he would get the people back the work. you remember with his stimulus plan, the stimulus said that if we let him borrow $787 billion, he would hold unemployment below
8%, but it has been 43 straight months above 8%, and today, 23 million americans stop looking for work or out of work or underemployed. it is a national tragedy. he said he would cut the deficit in half, but he doubled it. one promise he made though, he said if the energy policies weren't put in place, the energy would skyrocket, and he is right about that. it is time for a different vision for america. n now, i was surprised by his address, because i expected him to confront the major challenge of the last four years which is an economy which has not produced the jobs that america needs. i wanted him to talk about the 23 million people or at least the unemployed in america. i expected him to talk about the number of families having a hard
time to make endbes meet, and the number of families seeing the cost of health insurance go up and the cost of food go up. the cost of gasoline go up, even as the incomes have gone down and i expected him to talk about those thing, but he did not. and instead it was a whole series of new promises which he won't be able to keep, because the policies that he believes in and the direction that he is pulling will not make america stronger if president obama were re-elected we would have four more years of the last four years and the american people are going to say no to that. now, there is something else that you have watched in the president's campaign over the past several months, and that is increasingly divisive and
dismissive approach to the american people. it is a campaign of pitting one american against another, and it is so contrary to the national history and our national spirit. the story of oameri ry of ameri the many becoming one and the store riffy of america is a uni people coming together to build the strongest economy of the world, and the story of america is united people stopping darkness from spreading across the earth in world war ii and fighting it again and again when evil rears its head around the world, and as lek walesa indicated, that is the story of america and needs to remain so today. people coming together. one thing i will assure you if i am president of the united states, i will stop this divisiveness and do everything in my power to unite the american people.
now you might have expect p ed the president of the president of the united states to lay out a plap for what he would do to get the economy going again and get people working again and he did not do that last night, and again, that was surprising to me. i laid out the things they will do to get the economy going, and let me tell you what they are, one by one, five things. you have heard me talk about them before and i want to talk about them some more, because i want you to know that i'm not talking about just 12 million new jobs. i know how to get the private sector the create 12 million new jobs. i know what it is going to take to do that. let me tell you what they are. number one, i want to take full advantage of the energy resourc resources, our coal, our oil, our gas, our nuclear, our renewables.
and by doing that, we become energy independent, north america does by 2020. now, you might think, how do you get there? well, let me tell you some of the things you do, and one, you take full advantage of tight oil, and that is oil in tight formations and pump in fluid to push it out and get more oil out and also taking advantage of the pipeline from canada and getting the oil from canada, the keystone pipeline. it means turning the gulf of mexico back on so we get oil out of the gulf, and by the way, over the last four years the president has cut the number of permits and licenses on federal land and in federal waters in half. i will double the number of licenses and permits so that we get more oil and energy. and natural gas is our big ace in the hole. we have a lot of natural gas. that natural gas being brought to our transportation hubs, and that natural gas brought to places where now they don't have
it, and particularly in the manufacturing sector is going to bring the jobs back to america. so, number one for me is taking advantage of the energy resources, and that will put millions of americans back to work, and number two -- [ applause ] i'm looking here at steve king, because this man needs to to be your congressman again, because i want him as my partner in washington, d.c. number two, i want to make sure that the workers have the skills for the jobs of today and that you young people have the skills that you need for the jobs of tomorrow, and that laddtter request and demand says that we have to make sure that the schools are run for the benefit of the students that we put the students and their parents and the teachers first and the teachers union, they have to go behind. we have to have our kids, our
schools have to run for the kids. let me mention a third, and that is trade. the third thing that i'm going to do is to really take advantage of the trade opportunities, because america is the most productive nation of the planet of the major economic powers which means that we make more stuff per person than any other nation. because we make more stuff per person, we are the most productive and therefore it is good for us to trade with other nations. as we do, we will create more jobs. you know that here in iowa you ship the products whether agriculture or manufactured or services around the world, and it creates jobs in iowa to trade. this president is the first since roosevelt, fdr, not the seek and receive trade promotion authority and be able to work out more trade deals with other nations, and i will fight for the capacity to create new trade opportunities, and because i spent my life in the private
sector, 25 years, i understand what kind of deals are good for america and which aren't. so i will make a trade work for america. and by the way, if nations we trade with decide to take advantage of us unfairly and cheat, there will be consequences and i will finally do what needs to be done so that china does not cheat and take our jobs. number four, number four, and this is one that is not just economic. it's also moral as the governor said, and that is that it is simply wrong for us, morally wrong for us to continue to spend massively more than we take in year in, year out knowing that my generation will never pay that back. it is all going to be passed on to your generation and we are killing the american dream for our children, and it is wrong and it will stop if i'm president of the united states.
i've got one more. i've got one more. and that's this. i'm going to champion small business. you see i happen to understand how it is that small businesses get going. and how it is that they grow. as i was driving in to orange city, i saw a staples distribution facility there, and a big sign that said staples. i hope you saw that. and as you know, i was one of those who helped finance the very first staples store. i remember going to the store, the night before it opened and talking to the various folks that were putting various products on the shelf. and we wondered what would happen? would people come to our store or not? and i remember talking to one of the founders and i said, what do
we do if no one comes and he said, lower prices and advertise more. and i said, what happens if they still don't come, and he said easy, lower prices and advertise more. and that one store in brighton, massachusetts, has grown to be hundreds and thousands of stores worldwide with hundreds of distribution centers all over the country and it is a remarkable story and the story of america, and how individuals pursuing their dreams in fact built it themselves and -- and by virtue of their dreams and a great nation that welcomes dreamers and the support of all of the people who work in an enterprise like staples they were able to create a business that employs about 90,000 americans today. so i know that to get americans back to work and create the 12
million jobs that i'm dedicated to creating, i have to create the conditions and the environment that encourages entrepreneurs and innovators and small business people to start businesses and to grow them. and for that to happen, there are a couple of things to do. one, i want them to know that if they are successful and one of the very few of the start-ups that actually makes it, that they will keep a good deal of their own profits and earnings and plow it into the business to grow, because if you raise the taxes on small business, a lot of them won't even start and those who do won't be able to grow. so for me holding down the taxes on the small business is essential, and number two, i want the regulators to know that their job, yes, it is to catch the bad guys, and they will always have bad guys out there, and you have to catch them, and you have to recognize that your job is to encourage the good guys and regulators and regulations have to encourage small business to make it easier to grow, and get behind the enterprises.
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the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. jobs report for august was actually weaker than expected. i want you to break down the numbers and what they mean, joining us is georgia tech economist danny boston. give us a breakdown of the number numbers and what was expect ped and how many jobs were created. what does this say? >> well, the expectation is between 120,000 jobs to 145,000 jobs. actually 103,000 jobs were created and then the government subtracted 7,000 from that. and so we ended up with about 9,000, and far 9 6,000 because it was far from what we expected because there was a blip last month that we thought would come forward. >> and the employment dipped
from 8.3 to 8.1%, and what happened? >> well, so many people drop out of the labor market. there were 800,000 fewer people in the labor market than the month before, so that is a challenge. in looking at the number, it appears that slightly over 200,000 of those were in part time employment. and so that is a challenge. we'd much like to see the unemployment rate, prefer to see it going up and people coming in. >> does that mean that people are essentially giving up and not looking for work? >> here is what is happening and here is the big picture, you have a weak labor market report on the one hand, but on the other hand, if you look at what is going on in the economy, there is a lot of strength. in other words, and investors are just sitting on the side. so we have record profits, and you know, record amounts of cash that are not spending and investing, and if you look at
some of the dynamics that are taking place for example, auto sales increasing, and home sales increasing and the retail sales increasing, but no jobs bei s b created because the investors are sitting on the sidelines wait to see what happens with the election, and then in addition to that you have the fiscal cliff and the uncertainty in europe. so if you are a rational business person, you won't make any major move until after you see what the landscape is going to look like. >> so, to me, it would seem like after the election then you would see something and be more encouraged to see some better numbers? >> i think that you wouldment i -- i think that you would, and whether it is obama or romney, the landscape from the investment standpoint, the landscape will be fixed, so as an investor, that investor will know which way to go, and they will begin to invest, because again the economy is not stalled, because they are not making profits, but it is the
opposite. it is stalled, because they don't have the confidence to move ahead. >> thank you, danny boston. hopefully it will get better. we keep waiting for the good numbers. >> slight hold. and he made a stir in vegas and now prince harry back in uniform in afghanistan and we will tell you why the palace did not keep it a secret this time. great shot. how did the nba become the hottest league on the planet? by building on the cisco intelligent network they're able to serve up live video, and instant replays, creating fans from berlin to beijing. what can we help you build? nice shot kid. the nba around the world built by the only company that could. cisco. his morning starts with arthritis pain. and two pills. afternoon's overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more pain. so, back to more pills. almost done, when... hang on.
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state of the is reporting more than 60 people are dead and 700 people injurinjured. the government is sending tents and supplies for those affected. prince harry from britain is sent to helmand province in afghanistan. he is a apache helicopter pilot and the last time prince mharry was in afghanistan, the base was kept a secret, but now that the complex is more secure, his location has been released. and why is some of the remnants of hurricane isaac still going? chad myers will explain. hey, everyone. to today on the help desk, we are talking about the best way to tackle the credit card debt. joining us is donna rosato and
brian deck. >> if you have credit card debt, what is the best plan to pay it off? >> she is wondering which do i pay off first? >> well, two schools of thought on this. and generally, it is better to focus on the highest rate card and pay it down as quickly as possible, because you will pay less in interest overtime and of course, you want to keep paying the minimum on the other ones, but a lot of people get a psychological boost by paying off the smallest balances first and getting rid of them. that is motivating. but the best plan is whatever plan you can stick to. the important thing is to pay the cards down. >> this question is important, because i am amazed how few people write down the debt and what they are paying, and before you pay a cent, call the credit card companies three or four times and be aggressive and try to get the lower interest rates and more money in your pocket. >> a lot of people don't want to look at it, but it is not going
to get away, but it is worse and worse every month. >> yes, absolutely. thank you, guys. if you have a question that you want the experts to tackle, upload a video to ireport.com. ally bank. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally.
hurricane isaac could become dangerous and forecasters say it could revive and become a tropical system in the gulf of mexico. i want to bring in chad to talk about this. what does that mean exactly? >> well, we went through this in the break. it is not the remnant of isaac, because the central moved through the ohio valley, but this little thing was a big thunderstorm complex that moved across arkansas and louisiana
and then the gulf of mexico, and so it was a cluster of storms generated by isaac, but not part of the center that got all of the way down into the gulf of mexico and now all of the sudden, it could regenerate into something. now, it won't be isaac, but it would be nadine, because we have leslie and we have michael. yeah, so let's get right to it, quickly. this is the tropical outlook and 20% chance of being anything at this point in time, and there is the cloud cover and the junk that we have been walking around and looking at for the last couple of days and like they need more rain in louisiana anyway, so happy that it is not turning out to be too much. here is leslie, and it was a big scare for bermuda for a while. i have friends out there e-mailing me saying is this a 2 or 3? and now it is a t.s., tropical storm, and 65 mileser hour, and in fact, the track is going to continue to move on up to away from bermuda. big time storm here hurricane michael category 2, 105 miles per hour, and wind gusts are 125 moving northwest at three miles per hour, but look at the
beautiful eye out there in the middle of the atlantic and i will call it beautiful, because it is not near anybody and it is not going to be near anybody. s suzanne? >> any sense of where leslie is headed? >> yes, leslie tracks 300 to 400 miles to the east there of bermuda, and that now takes bermuda completely out of the cone. so, here we go, we try to get the track right here. and my producer is tauklking iny ear and i can't concentrate what i am doing. here, is bermuda and the cat 1 still regenerating, but well east of bermuda and making nice waves on the eastside. >> i know what that is like, producer in your ear. >> okay. appreciate it. thank you, chad. it has not happened for 25 years and now the city of chicago is bracing for a teacher's strike that could impact hundreds of thousands of students. who use them like this. we think there's another test to consider. it's based on one simple question.
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where to go for extra help, how to live better with the disease. so many questions, where do you start? alzheimers.gov. the answers start here. chicago is the third largest school district in the country, but the 400,000 students who go there may be kept out of school monday morning the teachers go through what they say is going to be a strike. ted rowlands is in chicago right now where the negotiations are taking place, and ted, first of all the chicago teachers have not gene on strike in past 25 years, and tell us what is behind this. >> well, there's a couple of issues that are yet to be resolved suzanne, and as you might guess pay and benefits.
and the school consolidations, they want to protect the teachers and when they change the contract, they want to know what it means for them, the sticking points of breaks and that. and so there is also an anti-union sentiment percolating over the last year or so, and you can look to wisconsin and ohio, and they say it is playing a part in this as well believe it or not. >> it is playing a part. and what is most disconcerting is that you have democratic mayors all over the country leading the charge on attempting to destroy the public sector. particularly, you know, public schoolteachers unions. >> and of course, the democratic mayor in this city is rahm emanuel and we asked him for an interview to talk about that specific issue, but he declined. they did issue a statement, his office did, talking about the kids and school, and basically saying that everyday they are not there is a day take n away
from them that they just cannot afford leaders on both sides need to stay at the negotiating table and finish their job and find a solution here. the bottom line here is that midnight sunday is the deadline. parents, as you can imagine, suzanne are starting to work on plan b, because at this point, they still have not been able to come to an agreement. wow. i cannot imagine the nervousness that those parents feel right now, because ted, as you know, i mean, chicago is facing this crime situation that is extreme crime that is happening in some of the neighborhoods, and some of those neighborhoods, you are going to have kids out in the streets and not in schools, and is the major responding to that or anybody addressing those concerns? >> yes, the school district has a plan in place to accommodate that scenario. and 144 schools will be open for the students to come, and they will feed them, but they won't be doing any learning. there are faith-based organizations that are open up their churches as well. hopefully there is enough in terms of the spots for the kids to go if there is a strike.
>> all right. ted, keep us posted. thank you. speeches at the democratic national convention are over, but it is time to check the facts. dr. sanjay gupta is going to be with us next to take a look at medicare. and bleeding that wasn't normal for me. she said i had to go to the doctor. turned out i had uterine cancer, a type of gynecologic cancer. i received treatment and we're confident i'll be fine. please listen to your body. if something doesn't feel right for two weeks or longer, see your doctor. get the inside knowledge about gynecologic cancers. knowing can make all the difference in the world.
proposals would run medicare into the ground. were those claims accurate? i want to bring in dr. gupta. let's take a listen to what the president claimed saying under romney's proposal seniors would pay more. >> i will never, i will never turn medicare into a voucher. yes, we will reform and strengthen medicare for the long haul, but we'll do it by reducing the cost of health care. not by asking seniors to pay thousands of dollars more. >> romney counters he would provide vouchers to help seniors with private insurance. which one is more expensive? >> we don't know because they are trying to anticipate the future here a bit. if you have a voucher system that's putting a price tag on which we don't know how much health care plans are going to cost several years down the line. the secretary of hhs says based
on her predictions she said $6400 would be the cost. either one of plans would reduce cost something else president obama said in that speech. there's no evidence they will reduce cost. we don't have a specific plan from governor romney. we don't know the answer. we reason this by factcheck.org to say what do they say about that claim in terms of the costs. they sap we don't have enough details yet to know how much that extra money is going to affect seniors and how much they will have to pay for traditional medicare. there's no plan on the other side to compare to. if you go on the ryan plan there's a voucher system. health care could be higher than that. >> let's listen to what biden claimed as well.
>> what they didn't tell you the plan they are proposing would cause medicare to go bankrupt by the 2016. >> do we know that for sure? >> former president clinton said the same thing. what we know if you look at the plan as things stand medicare is expected to have enough money until 2023. that's what the affordable care act provisions. if this plan, the affordable care act is repealed then those are the projections. there's a couple of important points. one is that if you look at the ryan plan is they say might they be spending more money? not taking in enough money and spending more this that would affect that date as well. also this idea of going broke. that really makes it sound like we're gone. it's over. it's scrapped. we ran that by factcheck.org as well and they said medicare will not go broke but a part of it,
the hospital insurance trust fund would not be able to pay full benefits for hospital services. we dug into that a little more so let's say you have 100% coverage. if the plan is repealed it could be 87%. it's different than going broke. this has happened in the past. this idea of medicare running out of money has come up. people, congress has reauthorized money and tried to give more money to medicare in the past. might that happen again? we don't know. speculative trying to predict the future. >> as many questions as answers. >> and a moving target. >> thank you. here's a tip if you're headed to the democratic national convention in 2016, bring your dancing shoes. be ready to break down. great shot.
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down ♪ >> so fun at the dnc. mary j.blige and several celebrities performed last night. she had the crowd jamming to her song "family affair ". it was a family affair. a lot of people having a good ti. she told them to get crunk for president obama. "cnn newsroom" continues with brooke baldwin. >> forget the conventions because all eyes turned to the economy. take a look at the numbers as we are two hours away from the closing bell. we learned today even though the unemployment rate did tick down a bit last nomonth, the number jobs added way less than predicted. we'll get do what that means for you. first, mitt romney back to campaigning today. he stayed pretty quiet this past week. not so anymore. here he is departing new england
for the heart land of iowa. mitt romney seizing on today's disappointing job numbers. we're going to give him some time. here he goes. >> after the part last night, the hangover today, the jobs numbers were very disappointing for almost every net new job created approximately four people dropped out of the work force. seeing that kind of report is obviously disheartening to the american people who needwo work and having a hard time finding work. real income and wages are not rising. this is a tough time for the middle class in america. there's almost nothing the president has done that gives american people confidence he knows what he's doing when it comes to jobs and economy. there's nothing he said last night that gives the american people confidence that he knows what he would do to creat jobs or build a stronger economy. all he said last night is what
he said four years, which he made a lot of promises four years ago. can you think of any of those promises that was met. he was going to create job. he hasn't. lower unemployment. he hasn't. rising take home pay. it's gone down. cut the cost of health insurance by 2500. it's gone up by $2500. create new businesses. we're at a 30-year low. cut the deficit if half. the deficit is doubled what it was. the president has been unable to deliver on any of the promises he made when he ran for office four years ago. the idea the american people will accept the same promises again would be one that i think would be flying in the face of america's ability to understand what's in their best interest. >> the conventions are over. really the game is on. we'll hear from mitt romney in a moment.
barack obama and joe biden bade fair well to charlotte. they have moved onto new hampshire. tonight it's iowa as well. jessica yellen is in iowa. what is the president saying? the big take away being the number of jobs create, way below expectations. >> reporter: the president saying that the jobs created there were private sector jobs created that the economy is growing but just not at a pace fast enough and he effectively is not satisfied with the rate of economic expansion. it's a message we heard for many months now. it's disappointing for democrats and gotten faced with disappointing job numbers. definitely unwelcome news but
the president pointing out the positive which is the economy did create some jobs. we know not as many as some had expected. >> i think the conservative guess would be creating 120 and now we're stuck at 96,000. i did watch part of the president's speech a short time ago when he was in new hampshire. a lot of same things from his acceptance speech in charlotte. here he is. his vision. romney's vision. let's listen. >> two fundamentally different visions for how we move forward. o ours is a fight. the promise that hard work will pay off and responsibilities will be rewarded and everyone gets fair shot. everybody's doing their fair share. everybody is playing by the same rules from wall street to main street to washington, d.c. that basic bargain is why i ran for president and that's why i'm
running again. >> jessica, you acknowledge the white house is saying the numbers are disappointing. is the obama campaign expecting much of a bump from the convention? are they happy with how it went? >> reporter: i'll just say they're not saying it's d disappoi disappointing. there is growth in the economy. we're acknowledging that we should recognize it's disappointing. they are happy with the convention but they're not projecting the total. i think they are trying to down play. they're trying to down play expectations and if there is a bump then everyone will be surprised. i know from talking to democrats they were very pleased with the sort of tone that both president clinton and mrs. oba hit. then the president's speech they felt hit a tone that was what
tablishing him as sort of synonymous with the oval office so you cannot separate the man and the oval and cannot imagine another person in that position. you heard the president talk about bin laden emphasizing foreign policy last night and today. >> jessica, thank you. we told you we would get back to mitt romney. we haven't heard much from romney this week. he is back on the trail. he's back on the air with a major ad buy. here is a sample of that. >> this president can ask us to be patient. this president can tell us it was someone else's fault. this president cannot tell us that you're better off to than when he took office. >> here in florida we're not betterou have under a ident obama. home valueswere lost we're in locodo we're not
tter. cuts wil ween natial security. here in virginia we're not er o. hing energy and gas and oil is manufacturingjobs. ney ow tse different rom ads are tailoredo the eigh different swst believe me you're going to be hearinthose three words lot. eight swing states. you ve these95 eoral votes. these are hhlight inyellow adding toumr 95. all ght a toss ups. if you live in one of these stat in oo, maybe flo,rida virginia, you can expe a lot of theseuy g that november 6th lection. with at said we're going back t pitics but we ha a lomo f you on friday. roll hildreecometargets. >> reporter: the dren's hospitasee closed by the
government. there's a dark world inside syria in which many kids are taught to hate. i'm brooke baldwin, the news is now. as chicago deals with crime scenes in just three days. >> support. >> it's massive school system could shut down. plus, 400 trees being chopped down to make room for a legend. >> for them to cut down the t e trees for a spaceship is not necessary. buckle up. one state okayed the highest speed limit in america. [ female announcer ] you can learn a lot about a minivan from tests like this. ♪ and even more from real families who use them like this. we think there's another test to consider. it's based on one simple question. after living with your van, would you buy iagain? more town & country owners do than the owners of any other minivan.
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and that... had made you smile. [ announcer ] beneful. play. it's good for you. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. there's not a lot to feel great about jobs numbers released this morning. here is the number we're talking about, 96,000. that's the number of jobs created in august. that falls far short of what was expected. people were expecting at least, at least 120,000 new jobs. that didn't happen. also, the unemployment rate did
fall last month. it fell from 8.3 to 8.1%. that's good news. that's also because people are no longer looking for work. i want to bring in cnn's chief business correspondent. i feel like i see you've lost more hair thinking clearly about these numbers, but seriously. somebody tweeted saying how did the number fall so much shorter. that was a conservative guess too. >> yeah. i have seen economist estimates that said 140, 150,000. there were looser guesses around saying earlier in the week we had good indicators. we saw unemployment benefits dropped. i've been getting a lot of
people saying why are you looking at this life glass half empty. it's important to understand this is a dynamic economy. every month people die. people retire. people leave the work force and new people come in. kids who have gotten the age they can work. immigrants. you need to create about 150,000 jobs a month in the united states just to stay level. just to keep things moving along. you need extra jobs for the gravy to cut into the deficit we have. 96,000 is by no account a good number. >> thank you for the context. i want to set it up with that. 96,000 was added. the unemployment down slightly down to 8.1%. just push this parfarther and l closely. >> it's an absolute number. the unemployment rate, and i have for ten years said to people, we should concentrate less on this. this reason is it's a measure of the number of people who are actively working or looking for work. that absolute number changes.
in august 368,000 people dropped out of the work force. you drop out of the work force for various reasons. you're going to school, retiring or losing hope. you're becoming despondent. you live in place where the unemployment rate is 15% but you can't sell your house so you stop looking. the labor force is all of those people available to work, the right age and abled body who will working. that's 63.5% that's the lowest since 1981. we lost manufacturing jobs. >> 15,000. >> we had been gaining manufacturing jobs after losing them for decades. we started to gain them back. we thought wleleveled off. >> beyond the manufacturing, i want to ask you, obviously it's an election year. we're putting this big number on the screen yesterday. that was the number the president or the u.s. economy
needed to grow before the election day. now we have 316,000, minus 86,000. >> it's 261 because they revised a couple of previous months. that number is the number of jobs, we have two more jobs reports, if we in the next two create more than 261,000 job, i can guarantee you'll see democratic ads saying every job loss under president obama has been recovered. it's like a magic number for the president. doesn't mean success or failure. it's just a number. he'll be able to say every job that was loss since the day i took office tis back. he needs two more reports 130,000 a piece. it's doable. he will say i inherited the worse economy and i got it back. the quality of jobs is not the same. the wage, the hours and things
like that but job per job, that's the number he's looking at. >> i'm glad you brought that up. thank you. >> always a pleasure. if you are regular viewer of this show, and we hope you are, we've been talking a lot about syria. this week we have had pretty intense reporting from our correspondent there on the toll the fighting is taking on families and especially these children. my next guest will talk about how hatred is being passed down from generation to generation but what her group is doing to change that. there's nothing better.e f- [ male announcer ] at last, red lobster's endless shrimp is back, but only for a limited time, for just $14.99. try as much as you like, any way you like, like new parmesan crusted shrimp or new teriyaki grilled shrimp, all with salad and unlimited cheddar bay biscuits, for just $14.99. [ ryan ] they can try everything. they love it. i'm ryan isabell. i'm a server for red lobster, and i sea food differently.
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if you watch this show regularly you know i spend a lot of time on the war in syria. i'm particularly concerned about plight of these children caught in this conflict. day after day we get pictures like these showing the faces of this war's youngest victims and this. images like this make you want to turn away.
but we don't want you to. this child's body wrapped in blanket being pulled from rubble. this is only part of this story. in the camps across the region syrian children may be removed from the fighting but not the hate. the save the children founder joins me. thank you for being with me because it's important to talk about the children. you're in these camps almost every day. first, tell me how much did these children understand as far as what's happening back home. what kind of stories do they tell you? >> they tell the staff too many stories. they tell stories about their classmates got killed. the houses being bombed and their fathers killed or brothers taken to prison. they talk about the stories at school and playgrounds that are destroyed. sometimes they retell the stories they heard from others. what se the children has specially trained staff to deal
with that. to help children cope and get over the story and live today. >> before we talk about the coping, i have to ask do they understand why? why this is ppening? >> i don't think they do. they keep on expressing is that he with have rights. we are children? why are we far away from home? they ask about their relatives that are not around. the most heartbreaking are the unaccompanied minors. you have a child who is 11 or 12-year-old taking care of his sister or brother who are a year younger. that by itself is a concern for save the children. >> you can't help but feel for these kids who we see in these stories day after day. we know the story of syria. the sectarian conflict.
kids as young as seven or eight have this hate for the other sect and a desire to kill. i know that's not what your group is talking about, but it's the reality. how is save the children helping teach them acceptance? >> they are responding like all children do. even grow ups cannot process what is happening for them. save the children is focused on helping children go back to normal life. even if in camp, even if in a tent x it tent, it's our job to reinject some normalcy. we help them get over the stress. >> forgive me but what is normal for these kids right now? >> not much. i think what is normal is something that the world with the help defining.
we cannot promise them what we cannot give them. i think it's our job to make sure they have access to what's basic and their right. sufficient to water, shelter, access to quality education. these are basic rights even if in a camp should be guaranteed to these children. >> i know your group works, we should point out not just syria but with children all around the world. i'm curious based upon your experience in situations like these, how will what's happening now in syria afct these children? >> unless we manage to deal with it now, unless we have the right programs in place to help these children get over what they're experiencing and what they have experienced then we will be in a tougher position ten years down the road. it's our job to help them. as we said what's normal but go back to what can be considered
normal in such circumstances so ey can be the future and rebuild syria. >> just finally, we've been showing these pieces through the week and we're showing videos of kids alive in these camps but we've seen too many images of children dead covered in blankets. it infuriates me and i know it infuriates our viewers. what is the message you want to get across to the u.s. right now? >> it's a joint responsibility. a lot is needed. everybody is needed. save is children and other organizations are scaling their efforts to meet the needs of these children. they need everything. last sunday the school year started here in jordan and kids in the camp did not go to school. we are denying them their right to education. we have to provide them with their rights. they have the right to go to school.
>> we thank you for what you're doing each and every day. appreciate it. >> thank you very much. as the crisis in syria rages on, nick payton walsh gives you an inside look after what life is like in aleppo. it's a cnn special report. please tune in tomorrow night at 7:30 eastern time. now to something we talked about earlier in the week. 400 trees being chopped down to make way for a massive space shuttle. many are furious. we'll take you live to los angeles for the next chapter of this story, next. i i had pain in my abdomen...g. it just wouldn't go away. i was spotting, but i had already gone through menopause. these symptoms may be nothing... but they could be early warning signs of a gynecologic cancer, such as cervical, ovarian, or uterine cancer. feeling bloated for no reason. that's what i remember. seeing my doctor probably saved my life. warning signs are not the same for everyone.
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lines. the ctu, that stands for the chicago teachers union is set to go on strike monday. this is the first time this has happened in chicago, could happen in chicago in 25 years. that icludes 29,000 teachers at 675 schools. some points of contention. higher teacher pay especially since they agreed to a longer school day and the teachers want to put in a new way to evaluate teachers. one issue that they do agree on, no one wants to strike. >> negotiation is all about movement on both sides. all about coming to compromise and both sides are willing to make that happen. i hope they stay and keep talking to each other. >> the district has made contingency plans setting up 144 sites for kids to go for a half day. more than 80% of kids qualify for some type of meal assistance. at the top of the next hour
we'll take you live to chicago. i'll talk to an education activist who says what is happening in chicago is worthy of everyone's attention. we told you about this story earlier in the week. controversy still growing about plans to move that space shuttle through the streets of los angeles because moving an 85-ton space shuttle means cutting down a lot of things in its path like the trees. about 400 trees were removed from two los angeles neighborhoods so space shuttle endevour can make that final journey next month from the l.a. airport to its new home at the california science center. some folks are furious about cutting these big majestic trees that provided them shade. the science center says it will replant the trees but it will take years for them to grow tall. we have the story from los angeles. >> reporter: the space shuttle endevour will begin the final leg of its final journey here at los angeles international airport. it will take a 12-mile trip
along city streets to the california science center, but even before the trip starts it's already causing a lot of controversy. the main reason, all of these trees you see here and hundreds of others throughout the city are being taken out to make room for the space shuttle. along the route endevour will pass l.a. landmarks like randy's donuts and pass over the infamous 405 freeway. it can't go on the freeway because it's too big to fit under overpasses. the first stop will be in the city of inglewood where trees have been cut down. the mayor says it's a good thing for the city. >> manchester boulevard was resurfaced about two and a half years ago. the trees roots buckled the pavement. we'll get an opportunity to not only replace the trees that will
undo all this work but replace them two for one that trees in our forestry master plan. we get to participate in history by having endevour to come through the city. >> i feel the trees shouldn't be cut down if necessary. for them to cut them down for a spaceship is not necessary. >> reporter: their having to temporarily take out stoplights and raise power lines and install brand new pains. as the shuttle makes a right turn it will enter the historic neighborhood of leimert park. the street is lined can scores of beautiful trees. many of the residents are upset that many of them will be shut down. what will the loss of some of these trees mean? >> not only does it strip us of our beauty but it also in terms of the health of community, we start finding that the
environmental protections are lost. trees enhance the economic value of our homes. >> reporter: we're approaching endevour's final destination, the california science center which is paying the move the shuttle through the streets of los angeles. the science center says it will leave a frail trail of improvem including two new trees planted for every one cut down. the ultimate will be here, a tourist attraction that's been out of this world. >> the obvious question is why can't they take the shuttle apart but i know nasa is saying no way. >> reporter: nasa says it's a national treasure and they want to keep it intact, if at all possible. it would involve taking the wings off to allow it to go through the streets easier would
be disassembling the thermal protection system which involves a blanket and tiles getting into the aluminum core of the orbiter. it's never been done before. putting it all back together is a difficult proposition and nasa says it would be expensive and notwould be. i don't want to leave viewers with the impression they are just being mowed down. over here, we can see one of the trees that has been cut down. obviously this tree was causing issues. you can see the walk next to it was completely buckled. city says that's going to be fixed. local residents said it should have been fixed all along. you can see there's a pine tree. it's not been cut down. that will be saved. not all of the trees are being removed. also what they will be doing when taking the shuttle down streets like this is will avoid some of the trees and the power
lines that are existing. you can see that new pole that has been put in to bring a new power line high enough so the shuttle can fit under it. >> what a picture that will be. i'm remembering off the top of my head, i think it's october 12th when we'll see the space shuttle traversing the streets of los angeles. appreciate it. we have reported on people losing their jobs, losing their homes. during the financial crisis many pet owners have had to abandon their furry friends. that's where marlo manning steps in. >> good boy. he means everything to us. he was diagnosed with cancer about two years ago. we went with the amputation and he's been doing great. a couple of days ago he had this other growth on his chest. >> given the fact that he had an aggressive type tumor, things
like this should come off. >> i recently got laid off and we were expecting our first baby. >> i think we will be able to help you out. i know how much you love your dog. >> the economy being what it is, people are faced with the choice of having to give up their dogs because they can't afford them anymore. they are doing their best the get back on track and then a crisis happens with their dog. it's just one more thing. >> i'm marla managing and i lost a puppy named lady bag. now i provide temporary aid to dog ordinary reason and prudence. keeping them healthy out of shelters and with loving families. dogs live in the moment. they bring you to their place of happiness mo matter where you are. if we can help with food, medical visits or even surgery to keep this family together they're able to take that burden away. >> hey, sweetie. >> we're going to put our
maximum amount on charlie which is $800. >> it's such a blessing. we'll be forever grateful that charlie gets a second chance. >> we attribute to lady bug. if i had to get the degree to find this path then we were meant to lose her so we can be inspired to help others. >> she's helped nearly 400 dogs in massachusetts. we want you to visit cnnheroes.com to learn a lot more about marlo. in just two weeks we'll be announcing the top ten heroes of the year. back in a moment. mom: ready to go to work? ♪ ♪ ♪ ♪
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folks gathered outside a grocery store hoping to shake the hand of or listen to their representative in congress. then a man walks up, armed to thteeth a opens fire. six people lost their lives including a 9-year-old girl who wanted one day to serve her country. last night one of the people who did survive survived a bullet to the brain, no less, appeared in the spotlight on a national stage. the appearance alone was probably enough but she provided a moment that americans left, ri center, can all be proud
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from. >> where is it all going come from sanjay gupta? you went to the deep blew sea to get answers. finding these innovative leaders including ryan o' hamlynn. >> there's been this idea that fish is a very good protein source. when you think about audacious goals of trying to provide good quality food to the hungry. as a result of that thing a lot of fisheries close to shores are already being depleted. it's hard to grow fish in large numbers. bryan who is a young guy and always amazing by this show, he decides to create this open ocean fish farm. that's what you're looking at right there. it's several miles out in the middle of the ocean. >> out in panama. >> this is on the caribbean side. panama is a little isthmus.
we're inside a tent that they created where they grow these fish into a size they think can help address this problem. >> this is aqua fishing, which is -- >> it's open water. one of the big advantages beside you have lots of space. it's to shore you're getting a lot of same water bouncing in and out of that fish farms doing it open like this is very attractive. >> in our natural healthier environment for fishing. it's eight miles off the coast in clear blue water. it's 220 feet deep. fish never see the same water twice. >> you know and they also can tell you everything about the fish's life cycle.
this is sort of something in between. they are ready to be taken out of those farms the they know exactly what they are eating and what kind of water they are being exposed to. you saw how big the fish get. >> you went swimming with a whale shark accidentally. we're out of time but hopefully that's part of the show. >> there's video. >> thank you. here it is. watch sanjay. the show is called "the next list." . >> thank you. my next guest is be perfect guy to speak with on the day we get the job's report. he recently said mitt romney is a quote, losing candidate. we're going to ask him about that. the ben stein standing by. he'll explain. humans -- sometimes li trips us up.
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the unemployment rate did fall just a smidge. it's a little bit here for both barack obama and mitt romney. tell me who you think benefits the most. >> well, i don't see how mr. obama benefits from it at all except in this interesting way. the reason the unemployment rate fell is the number of people in the labor jobs. that would normally be a very big negative for the president. because a lot of those people are african-american they will vote for the president any way so he's not really losing any votes among them. i think where people are concerned is there's very little. the problem for mr. romney is he doesn't have a better solution. i think he would benefit enormously.
he doesn't have an idea that will benefit the economy any way. i don't see where either side has an idea that will benefit the economy. >> i was down in tampa and i know you said after tampa you were quoted saying mitt romney is a losing candidate. i think part of that, and you tell me if i'm wrong, had to do with the fact he hasn't explained what he would do to fix it. i'm asking you here, as a former presidential speech writer for nixon and ford, if you were writing a speech for romney what would you have him say to help fix it? >> i would say we're going to try everything until we find something that wroorks. we're going to work peacefully together with the democrats. we're not going to have this attitude of blood sport. it's way too much of what's going on in congress. i think we will have to say we cannot cut the deficit and lower taxings at the same time. we're going to lower taxes a bit
on middle class people and raise them on very rich people and we're not going to lower them. that's a myth that affects job growth. we're not going to promise you we can lower taxes and lower the deficit. we're going to keep doing what mr. obama is going to do but we're going to also lower regulation. there is it's pretty clear from the data i see from various think tanks that excess regulation is costing us jobs. >> what about manufacturing? >> this is an endless. >> it's difficult because you saw the number 15,000, 15,000 fewer manufacturing jobs. we hear from the president and the vice president touting the turn around with the american auto industry. i can't count how many times he's been to iowa. this vote is key. many of them would like to have these manufacturing jobs. how does he turn that around? >> i don't think that it can
easily be turned around by either one of them. the reason mr. obama is able to tout this is he takes a starting point with manufacturing jobs in a very steep decline. if he had taken this as a starting point ten years ago, he would not have been able to produce the same kind of gains. manufacturing was in a total disarray. we've been able to raise manufacturing employment in large measure by lowering wages. that manufacturing wage have taken a terrific hit as less and less of that sector is unionized. we have more of an effort to compete with chinese. we're getting closer to it. we will have bad, we have a bad manufacturing number this month. over time manufacturing employment has grown but at the cost of lower and lower wages. i don't see how we can change that. it's very hard to compete with
the chinese. >> ben stein, thank you. >> it's a unique situation. >> okay. ben stein. >> economics is a dismal science. i'm sorry. >> we're glad you're helping us walk through it. thank you very much. have a great weekend. a group of extremists who own car dealerships, construction companies now officially deemed terrorists. why it would be a bigger threat than al qaeda, next. can be such a big thing in an old friend's life. we discovered that by blending enhanced botanical oils into our food, we can help brighten an old dog's mind so he's up to his old tricks. it's just one way purina one is making the world a better place... one pet at a time. discover vibrant maturity and more at purinaone.com.
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secretary of state hillary clinton has told congress shes designated the group as a terrorist organization. it's al lined with the taliban and blamed for high profile attacks in afghanistan including last year's attack on the u.s. embassy in kabul. it's based in the tri bail area of pakistan. it's a fail run network that's been around for 30 years. last year the new york times called the network the quote, unquote sopranos of the afghan war. here is the leader, a u.s. general called him a brutal murder. the u.s. has offered $5 million more information leading to his capture. i want to talk to gretchen peters. she's written a book about
afghanistan's drug trade. welcome to you. my question is they're responsible for some of the deadliest attacks. why are they just now being labeled terrorists? >> there's been debate within the obama administration for some time now over whether it's a good idea to designate or be more effective to try and reconcile with them and the other factions. those of white house have studied them and other branches of the taliban for some time were pretty skeptical about the possibilities that that would ever succeed. i think what we have today from the state department and from the obama administration is an acknowledgement that they are bad news and deserve to be taken out rather than reconciled with. >> i know the designation helps squeeze some of the assets, et cetera. mo